Although unsold properties continued to
decrease, the rate of decrease slowed down. Most of the unsold land is part of
uptown projects lacking infrastructure, the management department said.

The value of unsold real estate in Hanoi was
still higher than in Ho Chi Minh City in May. It was estimated at 5.45 trillion
VND (240 million USD) in Hanoi and 5.18 trillion VND (228.13 million USD) in
HCM City, down 23 billion VND (1 million USD) and 100 billion VND (4.4 million
USD) from April, respectively.-VNA